PRESS DIGEST-Financial Times - Dec 3

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The EU's financial services chief Valdis Dombrovskis says UK could be cut out if it diverges from Brussels standards post-Brexit, in a sign of the pressure Britain will face to stay closely aligned with European rules after it leaves the bloc. Amancio Ortega, the founder of retailer Inditex, is close to acquiring McKinsey's London headquarters for 600 million pounds, in the billionaire's latest bet on the top end of the UK property market.